Diane Richardson

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32 Holmes Street
Highland Green Estates (Red Deer) Red Deer T4N 6L6

$4,900,000
Multi-Family 28,976 sq. ft. built: 1988

Main Photo: 32 Holmes Street: Red Deer Row/Townhouse for sale : MLS®# A2139896
Photo 1: 32 Holmes Street: Red Deer Row/Townhouse for sale : MLS®# A2139896
Photo 2: 32 Holmes Street: Red Deer Row/Townhouse for sale : MLS®# A2139896
Photo 3: 32 Holmes Street: Red Deer Row/Townhouse for sale : MLS®# A2139896
Photo 4: 32 Holmes Street: Red Deer Row/Townhouse for sale : MLS®# A2139896
Photo 5: 32 Holmes Street: Red Deer Row/Townhouse for sale : MLS®# A2139896
Photo 6: 32 Holmes Street: Red Deer Row/Townhouse for sale : MLS®# A2139896
Photo 7: 32 Holmes Street: Red Deer Row/Townhouse for sale : MLS®# A2139896
Photo 8: 32 Holmes Street: Red Deer Row/Townhouse for sale : MLS®# A2139896
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Photo 10: 32 Holmes Street: Red Deer Row/Townhouse for sale : MLS®# A2139896
Photo 11: 32 Holmes Street: Red Deer Row/Townhouse for sale : MLS®# A2139896
Photo 12: 32 Holmes Street: Red Deer Row/Townhouse for sale : MLS®# A2139896
Photo 13: 32 Holmes Street: Red Deer Row/Townhouse for sale : MLS®# A2139896
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
A2139896
Year Built:
1988
Presenting a prime investment opportunity with this 25-unit row housing complex, comprising three separate buildings. Built in the late 1980s, each split-level unit features three bedrooms, 1.5 bathrooms, and a deck, providing spacious and comfortable living. Notably, three of the units have been renovated into two-bedroom suites, now including a dishwasher for added convenience. All units are separately metered, allowing for individual utility management. Several units have been upgraded with new flooring, paint, trim, and appliances, enhancing their appeal. The property is equipped with natural gas-fired boilers and natural gas-fired forced air heating systems, providing reliable and efficient heating across all units. Paved parking is available, with each unit assigned two private parking stalls. Additionally, there are 13 visitor stalls available for the entire property, accommodating guests with ease. The complex is conveniently located within walking distance of various amenities, including Red Deer Village Mall (featuring Canadian Tire, Starbucks, Sobey’s, TD Canada Trust), Parkland Mall, Mr. Mikes, CIBC, and Save on Foods. This ensures tenants have easy access to shopping, dining, and banking services. Currently, all units are leased, except for one vacant unit, offering a steady rental income stream. This property combines strong returns with potential for future appreciation, making it an ideal addition to any investment portfolio.
Property Type:
Multi-Family
Property Sub Type:
Row/Townhouse
Transaction Type:
For Sale
Home Style:
Split Level
Total Living Area:
28,976 sq. ft.
Lot Area:
1.28 acre(s)
Levels:
Bi-Level
Year built:
1988 (Age: 36)
Bathrooms:
- (Full:-, Half:-)
Plan:
9623047
Heating:
Forced Air, Natural Gas
Furnished:
Unfurnished
Structure Type:
Five Plus
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Laminate, Linoleum
Garage:
0
Parking:
Assigned, Paved, Stall
Parking Places:
63.0
Parking Total/Covered:
63 / -
Laundry Features:
In Basement
Highland Green Estates (Red Deer)
Dishwasher, Range, Refrigerator, Washer/Dryer
n/a
None Known
Title to Land:
Fee Simple
Community Features:
Schools Nearby, Shopping Nearby
Patio And Porch Features:
Deck
Num. of Parcels:
0
Region:
Red Deer
Zoning:
R2
Listed Date:
Jun 10, 2024
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Listed by Salomons Commercial
Data was last updated September 20, 2024 at 12:05 PM (UTC)
DIANE RICHARDSON
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